Is Weedsport, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Weedsport is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Weedsport was a Buyer's Market.

Key Takeaway

Weedsport is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Weedsport, NY

How much do homes in Weedsport, NY cost?

Median Sold Price

$230,000

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$24,000(+11.7%)

Key Takeaway

Homes in Weedsport have sold for 11.7% more than they did a year ago.

Summary: The median home sold price in Weedsport was $230,000 in March 2024, up 11.7% from last year, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $175.9K$61K
-65.3%
2 $225K$175K
-22.2%
3 $190K$235K
+23.7%
4 $240K$292.5K
+21.9%
5+ $260K$230K
-11.5%

Summary: Weedsport housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 65.3%, 2 bedroom homes decreased by 22.2%, 3 bedroom homes increased by 23.7%, 4 bedroom homes increased by 21.9%, and 5+ bedroom homes decreased by 11.5%.

Housing Supply in Weedsport, NY

How many homes are available in Weedsport, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
660.0%

Summary: The Weedsport real estate market had 6 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 34
+33.3%
4 00
0.0%
5+ 32
-33.3%

Summary: The Weedsport housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Weedsport, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Weedsport in March 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Weedsport, NY

How long does it take to sell a home in Weedsport, NY?

Average Sale Time

Mar 2023Mar 2024CHANGE
46 Days845 Days+1737.0%

Summary: Homes in Weedsport had an average of 845 days on market in Mar 2024, up by 1737% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Weedsport are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 1 homes were sold in Weedsport; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 24 Days Ago

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